/biz/ - Business & Finance

>>18478703
>study economics
>become libertarian
>study more economics
>become a Georgist
Anyone else?

>>18109516
Henry George predicted never-ending real estate bubbles popped up by cheap credit in the year 1879.

Markets will keep destabilizing and collapsing until we head his advice and capture the unearned incremental value of land.

>>18056056
>Ignorant of Marxism.
Georgism is much closer to capitalism than communism. He was a vocal and early opponent of Marx.

>>18056067
>Proximity. To exciting city things and work. And being near higher-income earning centers means higher earners get into price battles with each other and drive the rent up.

So the value in this case does not come from the landlord, but the community? He is charging people in order to allow them to be productive.

>Of course, you could just as easily be on the losing end of this as an RE investor or landlord. Take Detroit or Cleveland for example, lots of people holding huge property bags there.

Sure. That argument still doesn't mean it's "fair". Robberies can go wrong but you don't see people saying "Well a lot of robbers get busted, so it's not that wrong to be a robber. They take risks."

I have nothing against most capitalists or people how build and produce things. Rent-seekers are those who collect on a non-productive speculation.

Anons, ancap is a meme.

See the truth, the light, the way.

The evils of government income taxation slow progress and lead us away from prosperity, but do not forget the other evil, that of the rentseeker who acts like a de-facto government.

Seek georgism, privatize the labor and capital, publicize the land and patents.